The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 206.300000000 is considered certain.
Caution: A possible change in the direction of the support zone at 157.230000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 206.300000000 |
| Current Price | 189.870000000 |
| Next Low | 157.230000000 |
| 2nd Low | 145.220000000 |
| 3rd Low | 137.140000000 |
206.300000000 – 184.670000000 – 168.650000000 – 157.230000000 – 145.220000000 – 137.140000000 — 48.074547754828 – 49.981566591454
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – –